Author: johnmahama

The Ghanaian cedi has matching the United States dollar, with GHS15.28 buying rate per dollar and the selling rate at GHS15.75 for those converting cedis to dollars as of Wednesday, February 12, 2025.This marks a 1-pesewa rise in the selling rate while the buying rate remains unchanged compared to Wednesday’s averages.At forex bureaus, the cedi is still trading at GHS15.50 for those exchanging dollars for cedis and GHS15.90 for those converting cedis to dollars.This data is sourced from Cedirates.com, a reputable Ghanaian platform for currency and fuel updates.On the interbank market, the cedi is trading at GHS15.46 for buying dollars…

Executives captured in a photo The Asante Professionals Club (APC), a diaspora organization with members in the UK and USA, has pledged its full support to Dr. Frank Amoakohene, the newly appointed Ashanti Regional Minister. The pledge was made following Dr. Amoakohene’s swearing-in, with the APC citing his expertise and vision as crucial for driving the region’s development.APC UK President Stephen Onyinah Karikari issued a statement assuring Dr. Amoakohene of the unwavering support of professionals from the UK, Europe, and the United States. Karikari stated that the club is ready to mobilize the diaspora community to collaborate with the minister…

The Ghana Stock Exchange (GSE) started the year on a positive note with strong gains on the equities market. The GSE Composite Index returned 6.97% for investors in January 2025. Similarly, the GSE Financial Stock Index also recorded 3.97%. Increased confidence in the market resulted in a rise in the number of transactions to 7,593, marking a 241.87% increase compared to the same period last year. The top gainers for the month included Ecobank Transnational Inc. (29.03%), CalBank PLC (17.14%), MTN Ghana (10.00%), Access Bank Ghana PLC (10.00%)and NEWGOLD (8.06%). On the losing side was Republic Bank Ghana PLC (-9.09%).…

The Ghana Women’s Premier League continues to provide a safe space for women to pursue different objectives and goals. It’s become an avenue for many girls to play sports but also to education at the highest level and increasingly as the world embraces religion and football, it is allowing many Muslim girls to enjoy the sports they love whilst never giving up their religious principles. There was a time when playing football in a hijab was a taboo subject. But when Moroccan defender Nouhaila Benzina made headlines as the first player to wear a hijab at the FIFA Women’s World…

Ghana’s heavy reliance on cash transactions remains a major driver of corruption and inflation. Despite the availability of modern payment systems such as debit and credit cards, electronic transfers, and mobile banking, cash continues to dominate financial transactions, creating an enabling environment for financial misconduct. The preference for cash in government transactions, private business dealings, and daily financial activities makes it difficult to track money flow, leading to widespread bribery, money laundering, and unaccounted expenditures.A fundamental issue in Ghana’s cash-dependent system is the disbursement of tax funds during government meetings. Reports indicate that both lawmakers and executive officials prefer handling…

Worldwide Word Ministries, also known as The Hill City Church, has begun its 9th-anniversary celebrations, setting the tone for a week of spiritual renewal and community impact.At a press conference to launch the event, Prophet John Anokye, the prelate of the ministry, reflected on the church’s journey and reaffirmed its mission.”As we mark this significant milestone, we are reminded of our divine calling to be a results-based, truth-proclaiming, and solution-oriented global ministry,” Prophet Anokye stated.He emphasized that this year’s theme, “Greater Mandate,” represents the church’s commitment to expanding its reach and deepening its impact.”We are driven by the Holy Spirit…

Ghana, Accra, 13 February 2025 – Love knows no borders, and neither does cryptocurrency. As Valentine’s Day approaches, Binance, the world’s leading blockchain ecosystem and digital asset exchange, is celebrating the role of crypto in fostering seamless cross-border connections, ensuring that distance is no longer a barrier to sharing meaningful moments.”Blockchain technology is revolutionising the way we connect, breaking down financial barriers and enabling instant, secure transactions across the globe,” says Yande Nomvete, South African Operations Manager at Binance. “Whether you’re sending a gift, planning a virtual date, or supporting loved ones abroad, cryptocurrency offers a fast, cost-effective, and inclusive…

play videoFormer Minister of Finance Ken Ofori-Atta [L] and Vincent Ekow Assafuah The Member of Parliament for Old Tafo, Vincent Ekow Assafuah, has stated that the former Minister of Finance, Ken Ofori-Atta, must accept full responsibility for his actions amid ongoing corruption investigations by the Office of the Special Prosecutor (OSP).His comment comes after the OSP officially declared Ken Ofori-Atta a suspect in four high-profile corruption investigations, including cases related to the National Cathedral project, Strategic Mobilization Limited (SML), and two other matters.Speaking at a press briefing on Wednesday, February 12, Special Prosecutor Kissi Agyebeng stated that Ofori-Atta is now…

The Minority in Parliament has condemned the Special Prosecutor’s description of former Finance Minister, Ken Ofori-Atta as a fugitive. At a press briefing in Parliament on Thursday, February 13, 2025, Deputy Minority Leader, Patricia Appiagyei said it is surprising for the OSP to tag Ken Ofori-Atta as a fugitive when no charges have been brought against him. She said the OSP’s action is without due recourse to law. “This is shocking when no charges have even been proffered against the former Finance Minister,” she stated. The Minority caucus further condemned the raid on Ken Ofori-Atta’s house, stating that state security…

Joy News has gathered that the Ashanti Regional Police Commander, DCOP Frank Abrokwah has been transferred to the Police Headquarters in Accra. The transfer comes after some thugs disrupted the Council of State elections in the Ashanti Region. DCOP Frank Abrokwa led the police team at the election grounds. Information gathered by Joy News indicates that the present Commander of the Central West Police Region will take up his role. The police have issued a press statement saying they are on a hunt for perpetrators of the disturbances at the Regional Coordinating Council in Ashanti Region during the election. DISCLAIMER:…